I’m developing a commercial building in a country in West Africa, and would love your insights on its profitability and financing approach.Project Summary:- 950 sqm corner plot under a 40-year ground lease- G+1 commercial building with 36 shops, a prayer room, and rooftop ad panels- Located in the capital's market zone — very high foot traffic- Initial investment: the equivalent of $USD 930,000 in local currency which includes the 10 years of prepaid land rentRevenue & Occupancy:- Annual rental revenue (Year 1): the equivalent of $USD145,000 in local currency- 7% shop rent increase every 5 years- The annual revenue assumes 100% occupancy, which is typically reached within 1–2 years in this area due to high demand and visibilityOperating Expenses:- Recurrent yearly expenses total USD$20,000, covering: Security, maintenance, generator upkeep, insurance, taxes, repairs, and contingencies- Land rent restarts in Year 11 with a 10% increase every 10 yearsFinancing Scenarios:- With loan (USD$550,000 at 7%, over 6 years)   → Break-even in Year 12- All-cash (no loan)   → Break-even in Year 8After breakeven, the project produces pure cash flow for 28–32 years. 

At the time, I really enjoyed vacationing in Tulum-and the markets were booming there.

To have the cleanest closing and most enjoyable process both parties need to send, collect, and review the documents in a timely manner.

Is this purely for tax advantages or are you looking to structure the LLC according to lending guidelines to help you obtain finnacing? 

There is a unique tax deduction in the US called a “conservation easement.”It was designed by the IRS to encourage real estate owners to make pristine land, that could be enjoyed by the public, a conservation ground, and thus un-developable.In return, the landowner could treat the act of granting a “conservation easement” as tax-deductible.

This post is purely not to bash on "rent to retirement". it is a post for investors bringing awareness to do as much market research as possible and not rely on what is being given to them by a company trying to sell them something.

@Katie Lyon while what @Amanda Breck said is of course legally correct/true, up here in the "North Land" there is an additional piece of law that says Tenants have a right to "quiet enjoyment" or commonly called enjoyable use, of a rental property. 

A dated bathroom can drag down resale value or even affect your enjoyment living there.

I also enjoy their podcast and the free resources they put out.No experience with the other.

So we enjoyed the lowest rates possible for this project..